For comic relief I watched some of the Facebook congressional hearings (video below). While Facebook's Calibra/Libra cryptocurrency initiative was the hearing's focus, clues were offered as to what may lie ahead for Facebook users and Ad buyers. At the 6:24:30 mark of the video, U.S. Representative Dean Phillips (D-MN), asked Facebook founder and CEO Mark … Continue reading Facebook to Leverage “Authentication” to Drive Ad Revenue?
Facebook imagines a future in which consumers will pay for online and offline services with its cryptocurrency - Libra. Our view is that Libra will eventually enjoy broad adoption. The cryptocurrency floodgates are open, it’s primarily a question as to how Libra and others will be regulated. Regulation boils down to the size of the … Continue reading Facebook Calibra and Libra.